Bank of New York Mellon Securities borrowed decreased by 0.1% to $18.06B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.9%, from $16.59B to $18.06B. Over 5 years (FY 2020 to FY 2025), Securities borrowed shows an upward trend with a 9.2% CAGR.
Higher levels indicate increased trading activity or a larger short-interest book, while lower levels suggest reduced market-making volume or tighter risk management.
This metric captures the value of securities acquired from other parties, usually to cover short positions or facilitate...
Common in investment banking divisions; comparable to securities borrowed reported by major broker-dealers.
fin_securities_borrowed| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $11.20B | $10.94B | $11.66B | $9.15B | $8.48B | $8.43B | $9.01B | $8.73B | $9.41B | $9.05B | $10.48B | $13.06B | $14.27B | $16.44B | $16.59B | $17.58B | $17.53B | $18.07B | $18.06B |
| QoQ Change | — | -2.3% | +6.6% | -21.5% | -7.3% | -0.7% | +6.9% | -3.1% | +7.8% | -3.8% | +15.8% | +24.7% | +9.3% | +15.2% | +0.9% | +5.9% | -0.3% | +3.1% | -0.1% |
| YoY Change | — | — | — | — | -24.2% | -22.9% | -22.7% | -4.6% | +10.9% | +7.4% | +16.3% | +49.6% | +51.7% | +81.7% | +58.4% | +34.6% | +22.8% | +10.0% | +8.9% |